Anthropic’s cloud partnerships are getting messy
techcrunch ·
Anthropic is facing significant challenges in securing sufficient cloud capacity from major providers like AWS, Google, and Microsoft, as these companies increasingly view the AI firm as a competitor rather than just a customer. According to an S-1 filing leaked to The Wall Street Journal, Anthropic anticipates spending up to $750 billion on cloud contracts, yet this amount remains insufficient for its needs. To bridge the gap, the company is leasing data centers from third-party operators, though it expresses concern over their limited operating history and potential reliability issues. Financially, Anthropic reported an $80.7 billion net loss in the first half of 2026 against $16.3 billion in revenue, with only two customers contributing significantly to sales. The filing also highlights catastrophic risk disclosures, warning that liability for harmful AI behavior could exceed available insurance coverage. Despite these hurdles, recent reports indicate that third-quarter revenue reached $16.8 billion, marking a 45% increase from the previous quarter. The company is reportedly targeting a November IPO while continuing to navigate these complex operational and financial landscapes.
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